Postesy

Post for all Platform

Inertial Measurement Unit (IMU) is a collection of measurement tools that are used to measure and calculate data about the device’s movement. It consists of various sensors such as accelerometers, gyroscopes, and magnetometers, which are used to measure device’s specific force, angular rate, speed, acceleration, and the orientation of the device. Inertial Measurement Unit (IMU) is used in aircrafts, unmanned aerial vehicles, spacecrafts, and marines.

The major factors which are driving the growth of the Global Inertial Measurement Unit include the growing production of smartphones, increasing demand for aircraft, rising emphasis on improving accuracy in navigation, growing availability of miniaturized components at less prices, and the rising demand for missiles due to geopolitical instabilities and changing nature of warfare. The growing technological advancements in MEMS-based Inertial Measurement Unit and its ability to enhance performance when integrated with other systems, is also anticipated to propel the growth of the market. MEMS technology is enabled to expand base for inertial measurement systems by minimize the size and power usage of these devices while improving performance. Moreover, the increasing adoption of Augmented Reality (AR) and Virtual Reality (VR) across industries such as defence, along with the development of commercial driverless vehicles are expected to fuel the growth of the market during the forecast period. However, operational complexities related to high-end IMU, and reduced defence budgets of various developed countries are restraining the growth of the market.

Based on the Technology, the MEMS segment is projected to grow at a higher CAGR in the market during the forecast period owing to the increasing technological advancement in MEMS, which in turn, has increased applicability in unmanned applications and small aircrafts.

Based on the Application, the space launch vehicle segment is expected to grow at a higher rate in the market share during the forecast period due to the increasing space research and exploration activities and the rising number of satellite launches across the globe.

Based on the Grade, the Space Grade segment is projected to grow at a higher CAGR during the forecast period owing to the growing adoption space grade IMU for space navigation applications driven by its exceptional feature of high level accuracy, majorly during highly dynamic flight phases such as landing, entry, ascent and descent of spacecraft. Moreover, the growing investment in satellite manufacturing and related satellite launches will further propel the demand of space grade segment in the market.

Based on the region, Asia-pacific is expected to grow at a higher CAGR in the global Inertial Measurement Unit market during the forecast period owing to the increasing defence budgets in the developing nations including China and India, along with the growing passenger traffic and rising demand for automobiles and smartphones in this region driven by the rising disposable income of middle-class population.

The major key players in the market include Gladiator Technologies, Honeywell International Inc., General Electric, Northrop Grumman Corporation, Safran Electronics & Defense, Robert Bosch GmbH, Lord Microstrain, Teledyne Technologies, Thales Group, Stmicroelectronics, Trimble Navigation, Vectornav Technologies, among others.

Key Developments:

  • In Jun 2019, Thales Group launched InterSense NavChip Series 3 Precision 6-Axis Inertial Measurement Unit (IMU) At Sensors Expo.
  • In Sep 2018, Gladiator Technologies launched the LandMark 60, a highest performance MEMS Inertial Measurement Unit. It is designed for precision stabilization, flight control and complex motion, and is ideal for a board range of unmanned systems applications.

The Global Inertial Measurement Unit market has been segmented based on the Component, Technology, Grade, Application, and Key region. Based on Component, the market is segmented into Accelerometers, Gyroscopes, and Magnetometers. Based on Technology, the market is segmented into Mechanical Gyro, Ring Laser Gyro, Fiber Optics Gyro, MEMS, and Others. Based on Grade, the market is segmented into Marine Grade, Navigation Grade, Tactical Grade, Space Grade, and Commercial Grade. Based on Application, the market is segmented into Aircraft, Missiles, Space Launch Vehicles, Marine, Military Armored Vehicles, Unmanned Aerial Vehicles (UAVs), Unmanned Ground Vehicles (UGVs), Unmanned Marine Vehicles (UMVs), Consumer Electronics, Automotive, and Survey Equipment. Aircraft is further segmented into Civil Aircraft, Military Aircraft. Civil Aircraft is further segmented into General Aviation, Commercial Passenger/Cargo Aircraft, and Civil Helicopters. Military Aircraft is further segmented into Fighter, Military Helicopters, and Transport Carriers. Marine is further segmented into Merchant Ships, and Naval Ships. Unmanned Aerial Vehicles (UAVs) is further segmented into Consumer Unmanned Aerial Vehicles, Enterprise Unmanned Aerial Vehicles, and Tactical Unmanned Aerial Vehicles. Unmanned Ground Vehicles are further segmented into Commercial Unmanned Ground Vehicles, and Military Unmanned Ground Vehicles. Unmanned marine vehicles is further segmented into Remotely Operated Vehicles (ROVS), Autonomous Underwater Vehicles (AUVS), and Unmanned Surface Vehicles (USVS).

About GMI Research 

GMI Research is a market research and consulting firm which provides bespoke industry & market insights to help businesses in making the toughest business decision. We the know the significance of accurate data that’s why our analyst use tailored methodology to study each and every market in detail because one size doesn’t fit all. We just don’t cover only the traditional well-established market but also focuses more on niche market and markets in emerging market for which getting information is very difficult, which makes us pioneer in emerging market research space. Our syndicate reports cover multiple industry across regions and country.

Our in-depth market reports help propel your business with all the data, strategic inputs and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to help businesses stay ahead of the curve.

Media Contact
Company Name: GMI RESEARCH
Email: enquiry@gmiresearch.com
Phone: Europe – +353 1 442 8820;  US – +1 860 881 2270

Leave a Reply

Your email address will not be published. Required fields are marked *